The generosity of pensions provided to public-sector workers has come under increased scrutiny as states and local governments search for ways to close their budget deficits. The intense and ongoing ...

Employers may provide retirement plans that pay retirees a specified amount, based on the individual's salary and on the number of years of employment. Called defined benefit plans, these pensions may ...

State and local government pensions do not offer the same level of protection as ERISA-regulated corporate pensions. State and local government pensions assure workers and retirees that they enjoy the ...

Voters in San Diego, San Jose and Wisconsin made it clear last week that they no longer will tolerate the expense of public employee pensions that are straining local and state government budgets.

Abstract: Policymakers at every level of government are confronting the cost of fringe benefits for public-sector workers. The difficulty of placing an economic value on public employees’ pensions, ...

Although not his intent, John Micek ("The Sunday Brunch," July 27) nicely highlights news reports on other states that illustrate why Pennsylvania should not switch to a 401(k)-style public retirement ...

But if she retired Oct. 1 instead of Sept. 1, she would see her pension drop to $1,401 month, for a reduction of $120 a month. That’s 7. 9 percent less than if she had retired a month earlier. She ...

Unsure how to draw down your super in retirement? Here’s when to take money, how much to withdraw, and how to protect your ...

8th Pay Commission Pension Calculator: When we talk about a pay commission, the main focus usually is on central government employees since they play a crucial role in executing government policies ...